FAC Explorer

Audit 10380

FY End
2022-09-30
Total Expended
$3.52M
Findings
4
Programs
2
Organization: Nueces County Housing Assistance, Inc. (TX)
Year: 2022 Accepted: 2024-01-09
Auditor: Comer Nowling and Associates PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
7967 2022-001 - - P
7968 2022-002 - - P
584409 2022-001 - - P
584410 2022-002 - - P

Programs

ALN Program Spent Major Findings
14.157 Supportive Housing for the Elderly $2.93M Yes 2
14.195 Section 8 Housing Assistance Payments Program $222,103 - 0

Contacts

Name Title Type
TLGMNCQN9T33 Beth Biersdorfer Auditee
8174882077 Gregory Nowling Auditor
No contacts on file

Notes to SEFA

Title: Summary of Significant Accounting Policies Accounting Policies: Reported on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Expenditures reported on the Schedule of Expenditures of Federal Awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited to reimbursement. Pass-through identifying numbers are presented where available.

Finding Details

Finding 2022-001
The Corporation did not provide audit evidence in a matter timely enough to complete the audit prior to the filing deadline. Further the Corporation did not review and approve the audit to be finalized.
Finding 2022-002
The Corporation failed to make the required deposit within 90 days subsequent to the end of the 2021 fiscal year into the residual receipts account.
Finding 2022-001
The Corporation did not provide audit evidence in a matter timely enough to complete the audit prior to the filing deadline. Further the Corporation did not review and approve the audit to be finalized.
Finding 2022-002
The Corporation failed to make the required deposit within 90 days subsequent to the end of the 2021 fiscal year into the residual receipts account.